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Our Latest “Nonprofit Industry” Play Is…
Reelcause, Inc. (symbol: RCIT)
Hello Traders,
RCIT has a unique take on fundraising for nonprofits and the like. The company fuses the internet with its own patent-pending platform.
The result is an agile platform that is able to bring donors and beneficiaries together in a fun-filled, interactive and rewarding way. RCIT stands to benefit from a nonprofit industry which employs over 11.4 million people and that is responsible for over $532 billion in wages.
RCIT is therefore more than just a fresh take on fundraising. It could end up rewriting the rules.
So now you have the backstory, here’s why you should trade this gem right now. RCIT has an amazingly tiny float (see technicals below) and after climbing to $25.50 over the last 12 months, the play has once again settled.
This settling provides a massive opportunity for traders to capitalize on its upside potential.
Make your move ASAP.
Check Out These Key Short Term Technicals
1. RCIT is trading around .20 presently but second resistance is just .23. A break above .22 could therefore be huge for traders who act now.
2. RCIT has shown breakout form since consolidating for the last few weeks. This provides massive upside opportunity as a result of the upward pressure built up in the play.
3. RCIT delivered 54% intraday after it opened at .22 and rallied to a high of .34 on July 13. That’s the sort of gains inherent in the play at current levels.
4. RCIT has just signed a marketing agreement with Market America, parent company of Shop.com. This provides access to a consumer base numbering in the 10s of millions.
Company Website: https://reelcause.com/
Technical Chart: http://www.otcmarkets.com/stock/RCIT/chart
Nonprofit Industry Goes Big – More Than $532 Billion In Wages Generated Annually
Nonprofits are becoming an increasingly vital aspect of the American economy, new data from the Bureau of Labor Statistics shows.
For the first time, the bureau has released jobs data regarding charitable organizations, as Trib Live Media reported. It found nonprofit employment, standing at 11.4 million jobs in 2012, is the third largest by sector when compared to all industries in the U.S. It comprised 10.3 percent of all non-government jobs.
Nonprofit growth was not hampered by the Great Recession in the same ways other sectors were, as charitable organizations experienced overall employment gains each year from 2007 to 2012.
The data is a huge step forward in changing perceptions, Rick Cohen, spokesman for the National Council of Nonprofits, told Trib Live Media.
"So many [people] still believe that nonprofits are completely volunteer-led," he said of the data, which found nearly 268,000 nonprofit employers were responsible for $532.1 billion in wages in 2012. "To be able to have official statistics is just a huge development, in terms of helping nonprofits demonstrate to policymakers ... that nonprofits are significant employers."
RCIT Partners With Shop.com In New Marketing Agreement
RCIT recently announced that it has partnered Market America, parent company of Shop.com.
The alliance will provide a competitively priced shopping environment for Reelcause consumers; giving them access to more than 40 million name-brand, household products at a discounted rate.
"This collaboration opens the doors for both of us," explains Reelcause CEO, Michael Jacobson. "Shop.com has more than seven million loyal shoppers, but only limited access to the nonprofit community."
Big Catalysts for RCIT
RCIT has an active fundraising profile that is gaining more and more attention from the nonprofit industry.
The company is reaching out to key strategic partners and winning agreements. The latest deal with shop.com highlights the progress being made.
RCIT and its small float make the play an attractive prospect over the short term.
Start your research on RCIT now.
Able Trader
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